PRA URGES GOVERNMENT ACTION TO COVER THE ENERGY COST INCREASES

The Petrol Retailers Association is extremely concerned about rising energy costs and their implication.
With the electricity costs associated with operating a forecourt set to triple, Gordon Balmer, Executive Director of the Petrol Retailers Association, urged Government action.

“The prospect of soaring energy costs is extremely worrying,” said Balmer.

“Our members are already operating on razor-thin margins and have very little room to maneuver.

The independent forecourt network comprises 65% of all forecourts in the UK. Without them, the economy cannot function.

Balmer continued: “With electricity bills set to rise by 30%, I have written to the Secretary of State for BEIS, the Chancellor of the Exchequer, and the two leading candidates expressing the need for Government intervention to ensure that forecourts are supported to ensure fuel resilience in the UK.”

ENDS

NOTES TO EDITORS

Annaluce Cavalmoretti, RMIF Communications Assistant
Direct: +44 (0) 0207 307 3414
Mobile: +44 (0) 07528977157
E-mail: Annaluce.cavalmoretti@rmif.co.uk 

The PRA has requested that the Government cover half of the energy cost increases for two years to give retailers time to adapt their business models to the international situation.